While Phase One has recently updated its software to support Fuji's X-Trans sensor, I'm waiting to see if Adobe follows suit and improves its conversion support in Lightroom.
Packing an all-new black and white-only Mysterium-X sensor, the new cinema cam follows in the footsteps of the Leica M Monochrom still shooter, right down to a similar moniker.
Consumers willing to sacrifice hardware controls for a touchscreen-driven UI won't be missing out on much else -- functionally, the EOS M is a near-clone of Rebel T4i with the same 18-megapixel APS-C CMOS sensor, DIGIC 5 processor and 3-inch touchscreen.